📊 Bitcoin Outlook - July 21, 2026
What should we expect from Bitcoin? 🤔
Bitcoin is approaching a major magnetic price zone between $67,500 and $70,700. This imbalance was formed on June 2 and has not been retested since, making it a highly significant structural area.
Based on the current market structure, I see two possible scenarios:
🟢 Scenario A - 30% Probability
📍 After sweeping the liquidity around $67,200, Bitcoin enters the 67K-70K bearish imbalance, fully rebalances it, and then resumes its bullish expansion toward higher prices. 🚀
🔴 Scenario B - 70% Probability
📍 Bitcoin enters the 67K - 70K imbalance, rebalances the inefficiency, and then encounters a strong bearish reaction.
From there, price is likely to resume the higher-timeframe bearish move, target the previous structural low, and eventually break below $57,700. 📉
Although the short-term trend remains bullish, the higher-timeframe market structure is still bearish. Therefore, I currently believe there is a higher probability that Bitcoin will continue its downward move after reaching this key zone.
💬 What do you think?
Which scenario do you expect to play out?
👇 Share your thoughts in the comments!
🔥 Which chart would you like to see next?
🟣 Solana (#SOL ) or 🔷 Ethereum (#ETH )?
💬 Vote in the comments! 👇
Are you going to invest or trade bitcoin? Do it here $BTC
What should we expect from Bitcoin? 🤔
Bitcoin is approaching a major magnetic price zone between $67,500 and $70,700. This imbalance was formed on June 2 and has not been retested since, making it a highly significant structural area.
Based on the current market structure, I see two possible scenarios:
🟢 Scenario A - 30% Probability
📍 After sweeping the liquidity around $67,200, Bitcoin enters the 67K-70K bearish imbalance, fully rebalances it, and then resumes its bullish expansion toward higher prices. 🚀
🔴 Scenario B - 70% Probability
📍 Bitcoin enters the 67K - 70K imbalance, rebalances the inefficiency, and then encounters a strong bearish reaction.
From there, price is likely to resume the higher-timeframe bearish move, target the previous structural low, and eventually break below $57,700. 📉
Although the short-term trend remains bullish, the higher-timeframe market structure is still bearish. Therefore, I currently believe there is a higher probability that Bitcoin will continue its downward move after reaching this key zone.
💬 What do you think?
Which scenario do you expect to play out?
👇 Share your thoughts in the comments!
🔥 Which chart would you like to see next?
🟣 Solana (#SOL ) or 🔷 Ethereum (#ETH )?
💬 Vote in the comments! 👇
Are you going to invest or trade bitcoin? Do it here $BTC